| Income Statement for New Dragon Asia Corp
(NWD)
|
|
|
|
|
|
|
| Income |
in Thousands of Dollars |
|
|
12/2008 |
12/2007 |
12/2006 |
12/2005 |
12/2004 |
|
| Operating Revenue |
49,340 |
55,738 |
53,439 |
44,180 |
39,221 |
| Adjustments to Revenue |
- |
- |
- |
- |
- |
| Cost of Revenue |
(40,034) |
(43,538) |
(41,791) |
(33,255) |
(30,700) |
| Gross Operating Profit |
9,306 |
12,200 |
11,648 |
10,925 |
8,521 |
|
| Selling/General/Admin Expense |
(5,171) |
(3,885) |
(11,953) |
(3,079) |
(2,789) |
| Research & Development |
- |
- |
- |
- |
- |
| EBITDA |
4,135 |
8,315 |
(305) |
7,846 |
5,732 |
| Depreciation & Amortization |
(1,955) |
(1,889) |
(1,613) |
(2,896) |
(1,187) |
| EBIT |
2,180 |
6,426 |
(1,918) |
4,950 |
4,545 |
| Interest Income |
36 |
41 |
67 |
8 |
3 |
| Other Income, Net |
2,207 |
9,616 |
1,038 |
2,344 |
1,424 |
| Total Income Avail For Interest Expense |
(502) |
16,083 |
(813) |
7,302 |
5,972 |
| Interest Expense |
- |
- |
- |
(1,814) |
(72) |
| Pre-Tax Income |
(502) |
16,083 |
(813) |
5,488 |
5,900 |
| Income Taxes |
(1,205) |
(1,968) |
(1,657) |
(1,487) |
(1,296) |
| Minority Interest |
190 |
- |
(134) |
(6) |
41 |
| Net Income from Continuing Operations |
(1,517) |
14,115 |
(2,604) |
3,995 |
4,645 |
| Net Income from Discontinued Operations |
- |
- |
- |
- |
- |
| Net Income from Total Operations |
(1,517) |
14,115 |
(2,604) |
3,995 |
4,645 |
|
| Normalized Income |
3,408 |
14,115 |
(2,604) |
3,995 |
4,645 |
| Extraordinary Income |
- |
- |
- |
- |
- |
| Special Income/Charges |
(4,925) |
- |
- |
- |
- |
| Income from Cum. Effect of Acct Change |
- |
- |
- |
- |
- |
| Income from Tax Loss Carryforward |
- |
- |
- |
- |
- |
| Other Gains |
- |
- |
- |
- |
- |
| Total Net Income |
(1,517) |
14,115 |
(2,604) |
3,995 |
4,645 |
|
| Results |
in Dollars (Preferred Dividends in Thousands) |
|
|
12/2008 |
12/2007 |
12/2006 |
12/2005 |
12/2004 |
|
| Dividends Paid Per Share |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Preferred Dividends |
1,730 |
2,215 |
875 |
- |
- |
|
| Basic EPS from Continuing Operations |
-0.06 |
0.22 |
-0.10 |
0.09 |
0.10 |
| Basic EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Total Operations |
-0.06 |
0.22 |
-0.10 |
0.09 |
0.10 |
|
| Diluted EPS from Continuing Operations |
-0.06 |
0.21 |
-0.10 |
0.08 |
0.10 |
| Diluted EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Total Operations |
-0.06 |
0.21 |
-0.10 |
0.08 |
0.10 |
|
|
|
